Large-cap multi-bagger stocks are well-established businesses with a market capitalization of more than 48900 crores that provide remarkable returns, frequently doubling or tripling in value in a matter of years.
Suzlon Energy Ltd
Suzlon Energy’s share price rose 1 to its intraday high of Rs 37.65 per share from its previous close of Rs 37.25 per share on Monday with a market capitalization of Rs 50,120 crores.
The company has reported that net revenue decreased by 0.9 percent year on year from Rs 1,430 crores in Q2FY23 to Rs 1,417 crores in Q2FY24. In addition, net profit rose 82 percent year on year, from Rs 56 crores in Q2FY23 to Rs 102 crores in Q2FY24.
Suzlon has a low price-to-earnings ratio of 90 compared to its peers, its net profit margin of 48 is higher than its historically net profit margin.
The company’s share price has increased by 163 percent in the last six months and by 244 percent year to date. For instance, if an investor invested Rs 1 Lakh a year ago the current value of the investment would be 3.44 Lakhs.
Suzlon Energy Limited is a multinational Indian wind turbine manufacturer headquartered in Pune, India. MAKE previously ranked it as the fifth-largest supplier of wind turbines in the world.
Indian Railway Finance Corporation (IRFC)
On Monday, the stock opened 0.7 percent high at Rs 98.5 per share, from its previous close of Rs 97.75. It is a large-cap company with a market capitalization of Rs 1,28,000 crores.
Looking at the financials of IRFC, their net revenue increased by 16 percent year on year, from Rs 5,810 crore in Q2FY23 to Rs 6,763 crore in Q2FY24. In addition, the net profit decreased by 9.5 percent year over year, from Rs 1,714 crore in Q2FY23 to Rs 1,550 crore in Q2FY24.
Indian Railway Finance Corporation (IRFC) has a price-to-earnings ratio of 21, a return on equity of 14 percent, a return on capital employed of 5 percent, and a net profit margin of 26 percent.
The company’s share price increased 204 percent in six months and 198 percent last year. For instance, if an investor invested Rs 1 Lakhs a year ago the current value would be 2.98 lakhs.
Indian Railway Finance Corporation was established in 1986 and obtains funding from the financial markets to support the creation or purchase of assets that are subsequently leased as finance leases to the Indian Railways.
Zomato Ltd
Zomato’s limited share price has risen 0.15 percent up to its intraday high of Rs 128.7 from its previous close of Rs 128.5 per share on Monday. The market capitalization of this stock is Rs 1,09,000 crores.
Net revenue increased by 71 percent annually, from Rs 1,661.3 crores in Q2FY23 to Rs 2,848 crores in Q2FY24, according to the company. From a loss of Rs 250.8 crores in Q2FY23 to a profit of Rs 36 crores in Q2FY24, the company’s net loss has decreased by 114 percent year over year.
The company has a zero debt-to-equity ratio, a good current ratio, and a current ratio of 7. However, their return on equity ratio, return on capital employed and net profit margin remain negative.
Zomato share price has risen 70 percent in the last six months and 111 percent in the year to date. For example, if an investor invested Rs 1 lakh a year ago the current value would be 2.11 lakhs.
Zomato Limited, founded in 2010, is one of the leading online Food Service platforms in terms of food value sold. Its services include food delivery, dining out, and loyalty programs, among others.
Bharat Heavy Electricals Ltd
On Monday, the share price of the company opened at 0.6 percent up to Rs 179.5 per share from the previous close of Rs 178.30 per share. The BHEL has a market capitalization of 62,830 crores.
Looking at the financials of BHEL, their net revenue decreased by 1.4 percent year on year, from Rs 5,203 crore in Q2FY23 to Rs 5,125 crore in Q2FY24. In addition, the net profit decreased by 2083 percent year over year, from Rs 12 crore in Q2FY23 to a net loss of Rs 238 crore in Q2FY24.
Bharat Heavy Electricals Ltd has a low debt-to-equity ratio of 0.20 and a good current ratio of 1.2. However, the return on equity, return on capital employed and net profit margin remain low.
The share price has risen 115 percent in the last six months and 125 percent in the year to date. For example, if an investor made a Rs 1 lakh investment a year ago, the current value would be Rs 2.25 lakh.
Bharat Heavy Electricals Ltd is an integrated power plant equipment manufacturer that specializes in the design, engineering, manufacture, erection, testing, commissioning, and servicing of a wide range of products and services for the economy’s core sectors, namely power generation and distribution.
Written by Sriram KV
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